Two new members of portfolio TVI WCS.A

Good morning,

I am adding up 2 new stocks to watch this morning.

TVI (TSX): a small mining corp in the Philippines. Why that speculative move when i do not like penny stocks: because this one now have sales higher than company value !!! They will end up the year with sales over 50M$ and corporation value is still under 30M$. So either this will be a total loss or a 10 fold winner within a year. For that reason, i would go for 50-100K shares from profit made with DAN or LVS. With that market being flat we need some andrenaline here...

WCS.A (TSX) is my second one today. One of the biggest car exhaust manufacturer and it has suffered a lot over last year. With a book value per share of around 15$ and share price of 2,50$ maths are easy to follow. This could be a 5X winner this next semester. By the way it has just been rated BUY from Genuity.

Some updates:

LVS (NYSE): still awaiting IPO for Macau but seems to been postponed and they will be the 2nd one after WYNN (NYSE). Too bad but timing could be good if markets continues to rise. They could gain by raising IPO share price. With that in mind, i reduce expected share price to 45$ end of December.

FITB (NASDAQ) : still moving sideways. NOT GOOD compare to other like RF (NYSE) and BPOP (NASDAQ) . I would prefer BPOP (NASDAQ) then FITB (NASDAQ) at this moment.

NRI (TSX): FDA decision is coming rapidly and share should start moving higher within 10-15 days. This could be a potential for a 3 fold gain before end of year. Expect a 0,85-1,25$ if approved and 0,15 if rejected. Be careful and maybe selling 1/3 the day before approval to lower the risk could be wise.

DAN (NYSE): Still a great potential company. I would not be surprised to see that one rise to a 10$ before year end and if results in October are great, expect 14$ before end of december.

ETFC (NASDAQ) : Well, this baby could rock rapidly. For example last week Capital who is owner of 9,9% of ETFC (NASDAQ) sold over 80M shares and it has almost not loss ground.

PXLW (NASDAQ) : still on radar but last week drop is in it's habits... Looking at charts, it seems that some traders are moving gradually and it's pattern is the same for almost last 6 months where it climb then gives back half then ove higher then again gives back half. If it moves under 2,89$ then i would be a sell otherwise next buy signeal is 3,45$

OCNF (NASDAQ) : It should be back on track. This one is leasing cargo and as long as freight is not moving more than it is now, share price will stay between 1,38 to 1,60$. BUT net value per share is still around 10$. When it starts moving get ready as it will be fast and lucrative.

UUU (TSX) and FIU (TSX) have moved down as lot of profit was taken last week. Uranium price is still low and we did not had any update of the deal between UUU and Japan. This will take place any time before end of december and expect volatility. I have no doubt that Japan will sign that 270M$ deal then expect major rise in the stock price. Another good winner in sight.

Enjoy the week and will see if market will correct itself but the longer it goes, it is going to be radical one way or the other. It is like a rubber band. It is getting stretch a lot and something will happen. If we can stay at where we are for the next 3 weeks, then it will be a major run. Faster than we can expect and DOW will hit the 10,500 If it goes the other way, expect 9050 then the rally will start to 10500. In both cases the one who invest will be rewarded, the speculators will be burn. So please make sure you do not invest more money than you can loose and consult your financial planner before investing.